Recap: TPI Composites Q1 Earnings

TPI Composites TPIC reported its Q1 earnings results on Wednesday, May 3, 2023 at 04:05 PM.

Here's what investors need to know about the announcement.

TPI Composites missed estimated earnings by 131.58%, reporting an EPS of $-0.88 versus an estimate of $-0.38.

Revenue was up $19.20 million from the same period last year.

Last quarter the company missed on EPS by $0.69 which was followed by a 18.02% increase in the share price the next day.

Here's a look at TPI Composites's past performance:

Quarter	Q4 2022	Q3 2022	Q2 2022	Q1 2022
EPS Estimate	-0.69	-0.28	-0.41	-0.87
EPS Actual	-1.38	-0.39	-0.48	-0.71
Revenue Estimate	440.33M	472.23M	421.26M	389.61M
Revenue Actual	402.28M	459.27M	452.37M	384.87M

To track all earnings releases for TPI Composites visit their earnings calendar here.

This article was generated by Benzinga's automated content engine and reviewed by an editor.

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